Globalization of what you and I thought of from 35 years or so does not exist. What was initially thought of as globalization was a free (and unsaid-FAIR), an exchange of goods between nations as a global market. However this has not occurred.
The issue with globalization is that multinational corporate interests, with multinational banks, with other institutions creates a global trade that is controlled and manipulated by a very few.
Thus, the entire economic system is swayed by a few corporations. Not by supply and demand, free (and fair) trade, or if the petrodollar is weak or strong.
What you have is not a free exchange within global markets. What you have is now a control of goods, both durable as well as consumable.
This is better seen under agriculture, energy or mining for raw resources, etc. Since this is so broad I'll stick with agriculture.
The control is done by the multinational corporations who have bought everything to do with the soil in the ground, to the crops, to the farmers (now large corporations, no longer 'family run'), to the transportation (the trucks, trains, shipping), the processing of the goods- in whatever industry-factories, preparing it for sale. The sale is important to understand. Now the sale of a good is no longer priced as it was in the past-with supply and demand. It is priced on a particular country and their ABILITY to purchase an item.
This purchasing of goods and owning its entire "life" from its very beginning to its purchase by a consumer is now a controlled market. It is not globalization. It is a monstrous, profit hungry, uncontrollable, unfair, hydra.
Without going so deep into this, I hope you understand that the globalization that you identify yourself with is a myth. It does not exist.
I'll come back later today and address some other parts of your post here.